Chinese IGBR invests in the construction of oil and gas equipment plant in the Kaluga region

25 April 2023

The volume of investments will amount to 1 billion rubles.

IGBR company from China and the government of the Kaluga Region have signed an agreement on the construction of a plant to produce equipment for the extraction of various resources. This was announced by the governor of the region V. Shapsha in his Telegram channel. The volume of investments will amount to 1 billion rubles.

The plant is planned to be built on the Borovskaya site of the Kaluga Special Economic Zone (SEZ). The company intends to obtain the status of a SEZ resident. 80 new jobs will be created at the plant.

IGBR operates in 11 countries of the world and is a foreign trade company that was founded in the Shanghai Sinang Free Trade Zone. It specializes in the export and import of various resources, including. petroleum products, metals, mechanical and electrical products.